Telecom Vendors

Qualcomm launched the Snapdragon Metaverse Fund, established to invest up to $100 million in developers and companies building unique, immersive XR experiences, as well as associated core augmented reality (AR) and related artificial intelligence (AI) technologies. These AR and AI technologies are in today’s world referred to as “the Metaverse”. The fund plans to deploy capital through a combination of venture investments in leading XR companies by Qualcomm Ventures and a grant program by Qualcomm Technologies, Inc. for developer ecosystem funding in XR experiences such as gaming, health and wellness, media, entertainment, education, and enterprise.

Read more …Qualcomm Places $100M into the Metaverse

Sparkle, the first international service provider in Italy and among the top global operators, launched today its new IoT Global solution. With a long-standing presence in the region and a record in 5G roaming between Europe and the Middle East, Sparkle chooses Dubai to present its enterprise digital solutions.

Read more …Sparkle Launches “IoT Global”, Its Internet of Things Connectivity Service

Nokia reported a solid increase in profits in 2021 and issued a confident outlook for the coming years as sales rose despite supply problems. "I would like to call it a transformational year," CEO Pekka Lundmark commented after the group posted a net profit of 1.6 billion euros ($1.8 billion), driven by a 1.6 % increase in sales to 22.2 billion euros.

Read more …Nokia Reports Solid Growth

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